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Identity fraud in South Africa hit N10 billion

  By Peter OBIORA investadvocate Sept 28 2010 04.38 GMT       Lagos(investadvoacte)-Identity Fraud in South Africa has hit an estimated half a billion Rand (R500 million) about N10 billion. Theunis Botha, the Chief Executive Officer (CEO) of Nirph Digital (Pty) Limited, providers of the Customer Identification System (CIS) […]

Money market rates deepen bearish trend

    By Udeme Ekwere   Tuesday, 28 Sep 2010   The attractive money market rates continued to lure investors on Monday, thus deepening the current bearish trend in the stock market.   This was the position of capital market analysts from Proshare Nigeria, on Monday.   According to them, […]

Nigeria to issue N127bn treasury bills

    By Agency reporter   Tuesday, 28 Sep 2010   Nigeria plans to raise N127bn ($843.8m) treasury bills next week, the Central Bank of Nigeria said, has.   Reuters reported from Lagos that the regulator said it would issue N31.57bn in 91-day bills, N45bn in 182-day bills and N50bn […]